EURUSD – Bullish to Neutral Bias
Gaining 9 of the last 15 days, the EURUSD is still holding a bullish bias, but will be running into some headwinds shortly with the key resistance zone between 1.3796 and 1.3892. Bears can look for intra-day rejections in this resistance zone as it seems unlikely bulls will be massively buying at these levels. Those not already long will need a convincing break above before adding longs. For now, remain slightly bullish leaning towards a neutral bias heading into this resistance zone.
GBPJPY – Slightly Bullish Bias if Can Remain Above 170
For the last 7 days, the GBPJPY has trotted in place literally going nowhere. There are pin bar rejections on both sides …